Tax Analyst

Role Overview

• Assist with the preparation of federal and state income tax returns, including but not limited to extracting and analyzing data from SAP system to ensure completeness and accuracy
• Coordinates the filing of all federal, state, and local income tax returns
• Review quarterly estimated federal and state income tax calculation prepared by external tax advisors
• Ensure all tax filings and payments are made in a timely manner
• Prepare and book monthly, quarterly, and annual tax provisions
• Preparation and filing of indirect tax returns (sales/use, gross receipts, personal property, business license, and other regulatory filings)
• Manage the sales tax compliance process for monthly, quarterly, semi-annual, and annual filings, to ensure accuracy and completeness
• Maintenance and gathering of exemption certificates for various indirect tax types (OneSource)
• Collaborate with Credit & Collections team on customer sales tax inquiries
• Collaborate with AP team on providing appropriate exemptions to suppliers and respond to inquiries
• Collaborate with Purchasing team to properly assess the taxability of business purchases
• Perform multi-state taxability research and document conclusions
• Manage OneSource system and monitor its sales and use tax calculation for accuracy and completeness
• Prepare Form 1099 annual filing
• Maintain proof-of-payment documentation for all tax payments
• Maintain documentation on all federal, state, and local tax accounts
• Maintain tax filing calendar for all tax filings
• Maintain and reconcile all tax related general ledger accounts, including tax fixed assets, and identify adjustments needed to align these accounts
• Maintain and organize tax records and documentation supporting tax filings
• Investigate tax notices and prepare responses
• Prepare forecast of estimated tax payments for cash planning purposes
• Analyze and interpret tax rules, regulations, policies, and procedures and assesses the companys policies to ensure that taxes are prepared in compliance with tax legislation
• Effectively research and document tax issues of moderate difficulty
• Manage tax audits, including preparing responses and liaising with tax authorities
• Coordinate and support special projects and initiatives related to tax planning and compliance (R&D, Transfer Pricing, Nexus, VDA, etc.) for all WEG USA companies, as needed
• Manages tax planning, accounting and work paper preparation process considering federal, state, local, and international tax implications.
• Collaborate on tax strategies with executive leadership team to support company initiatives and identify opportunities for tax savings
• Prepare and submit US government agency reports (monthly, quarterly, annual)
• Develops key financial metrics and reports on them to management

Requirements

• 2-4 years of experience in federal, state, and indirect tax preparation, compliance and research
• Strong knowledge of federal and state tax laws and regulations
• Strong computer and technical skills including MS Office applications, advanced Excel skills required
• Experience preparing and filing federal and state income tax returns
• Experience preparing and filing indirect tax returns (sales/use, gross receipts, personal property, business license, etc.)
• Experience in Form 1099 reporting
• Experience with federal and state income tax compliance process
• Experience in all aspects of the sales & use tax compliance process
• Experience in identifying tax saving opportunities and realizing the benefits thereof
• Experience with SAP preferred
• Experience with OneSource Indirect Tax highly preferred
• Bachelor's degree in Accounting, Finance, or a related field.
• CPA or equivalent certification preferred

Benefits

• Competitive compensation
• Full benefits package